Stores
Philippines’ consumer spending to rise 5.5% YoY in 2023
Philippines’ consumer spending to rise 5.5% YoY in 2023
This is slower than the 7.6% YoY forecast this year.
Shakey’s Pizza net income reaches P454m in first 9 months
This is coming from a P35m loss in the same period in 2021.
Philippines’ SMFB sustains ‘strong’ growth in first nine months
The company also registered its quarterly highest revenue since 2018.
Crocs’ APAC revenue soars 65.5% YoY in Q3
It has 153 stores across the region.
Robinsons Retail net income soars 60.8% in Q3
Its net income amounted to P1.67b.
Jollibee posts ‘record’ 36.4% net income growth in Q3
Its net income stood at P2.14b.
Could Louis Vuitton be transitioning from luxury to lifestyle?
The brand recently opened its first restaurant “The Hall by Lousi Vuitton.”
Weekly News Wrap: UK-based Ocado enters South Korea in Lotte deal; Reliance Retail in talks to enter salon business
And China-based Shein expands operations in the United States.
NTUC FairPrice to offset GST increase with discount offers
This will take effect in the first six months of 2023.
Philippines' Universal Robina net income drops to P9.7b in first nine months
This is even as its core net income grew 9%.
Central Retail forecasts 20% revenue growth in 2022
This will be supported by the stronger purchasing power of Thais.
Philippines’ Century Pacific Food posts 6% net income growth
Its net income stood at P4.2b (US$71.5m).
Retail turnover in Australia inches up in September
It went up by 0.6%, the Australian Bureau of Statistics reported.
Economic concerns weigh on Shanghai's retail property recovery
Retail sales fell 12% in the first eight months of 2022.
Over 70% of consumers are willing to pay more for sustainable products
But, most shoppers have not done so in practice.
Alibaba’s market cap down by 30.3% in Q3
Its value stood at $212b.
Weekly News Wrap: Posh ice cream, smart appliance in vogue in China; Indian economy awaits shopping season boost
Reliance is in talks to acquire Germany-based Metro’s India business.
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1. Lazada launches tiered membership programme in six Southeast Asian markets 2. Shopee allocates $38.46m to SME programmes for 2026 3. China’s FMCG market logs 1.3% growth in Q3 on more O2O purchases 4. IKEA opens first New Zealand store at Sylvia Park 5. Singapore shoppers start year-end buying earlierResource Center
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The Filipino snack brand transformed bacon into both a culinary canvas and a consumer favourite.
